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Re: 08/31/2012 Live Update

Posted: Fri Aug 31, 2012 12:07 pm
by Cobra
ema20 as support, bulls' best chances are here. wait.

Re: 08/31/2012 Live Update

Posted: Fri Aug 31, 2012 12:09 pm
by TradingJackal
This ricochet from the support looks like a an ABC correct where B is clearly a triangle smack in the middle. I am not feeling bullish.

Re: 08/31/2012 Live Update

Posted: Fri Aug 31, 2012 12:09 pm
by fehro
closer view of SPX 60m.... gravestone candle??

Re: 08/31/2012 Live Update

Posted: Fri Aug 31, 2012 12:11 pm
by Cobra
cannot believe bulls failed. anyway, green line is the support.

Re: 08/31/2012 Live Update

Posted: Fri Aug 31, 2012 12:12 pm
by TradingJackal
Wow! Look at that :o

Re: 08/31/2012 Live Update

Posted: Fri Aug 31, 2012 12:16 pm
by rola
Maybe somebody has kidnaped Benny

Re: 08/31/2012 Live Update

Posted: Fri Aug 31, 2012 12:17 pm
by kaiboliu
because this?

S&P lowers Spain's Catalonia rating to BB/B

Re: 08/31/2012 Live Update

Posted: Fri Aug 31, 2012 12:19 pm
by rola
They are very generous

Re: 08/31/2012 Live Update

Posted: Fri Aug 31, 2012 12:19 pm
by TraderGirl
TraderGirl wrote:Whoah!! I just woke up and saw the price action....I didn't believe my chart that showed this kind of price action, but here it is, just like my chart shows...if my chart continues to be correct, we continue to move up, then another spike down (possibly lower, don't know the levels), then a choppy move up the rest of the day...
Anyone see that coming??? wait...

Re: 08/31/2012 Live Update

Posted: Fri Aug 31, 2012 12:19 pm
by TradingJackal
Folks, plenty of good stuff by the HFTAlert guy today. Here is his feed.

http://stocktwits.com/HFTAlert

Re: 08/31/2012 Live Update

Posted: Fri Aug 31, 2012 12:20 pm
by Cobra
not sure if I can measure the target like this? :mrgreen:

Re: 08/31/2012 Live Update

Posted: Fri Aug 31, 2012 12:21 pm
by rola
:D :lol: Cobra is today move enough for lower high?

Re: 08/31/2012 Live Update

Posted: Fri Aug 31, 2012 12:23 pm
by Out of Bounds
TraderGirl wrote:
TraderGirl wrote:Whoah!! I just woke up and saw the price action....I didn't believe my chart that showed this kind of price action, but here it is, just like my chart shows...if my chart continues to be correct, we continue to move up, then another spike down (possibly lower, don't know the levels), then a choppy move up the rest of the day...
Anyone see that coming??? wait...
No. No one at all :lol:

Re: 08/31/2012 Live Update

Posted: Fri Aug 31, 2012 12:25 pm
by Cobra
rola wrote::D :lol: Cobra is today move enough for lower high?
no.

Re: 08/31/2012 Live Update

Posted: Fri Aug 31, 2012 12:27 pm
by Out of Bounds
LMAO (stocktwits)
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Re: 08/31/2012 Live Update

Posted: Fri Aug 31, 2012 12:29 pm
by EvilTrader
The yellow uptrendline is my target for this pullback. :?

Volatile as expected.

Re: 08/31/2012 Live Update

Posted: Fri Aug 31, 2012 12:30 pm
by OverUnder
Yeah, I can't believe either, I take out the garbage and find the last of my money sitting in that "anyway".
Cobra wrote:cannot believe bulls failed. anyway, green line is the support.

Re: 08/31/2012 Live Update

Posted: Fri Aug 31, 2012 12:31 pm
by Cobra
not good looking, may continue down.

Re: 08/31/2012 Live Update

Posted: Fri Aug 31, 2012 12:32 pm
by TraderGirl
Messy chart, but my daughter just spilled my coffee all over the table wall and floor...Ugh!!!

Re: 08/31/2012 Live Update

Posted: Fri Aug 31, 2012 12:35 pm
by Al_Dente
30min
Unless we can decisively break above that top channel line, I will call that a price “trap” ??? (pink arrows)
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